Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 50.64%
March 31, 2024 55.56%
December 31, 2023 45.17%
September 30, 2023 48.92%
June 30, 2023 55.54%
March 31, 2023 67.60%
December 31, 2022 58.43%
September 30, 2022 55.29%
June 30, 2022 56.02%
March 31, 2022 63.04%
December 31, 2021 62.03%
September 30, 2021 52.35%
June 30, 2021 61.73%
March 31, 2021 61.89%
December 31, 2020 56.34%
September 30, 2020 55.60%
June 30, 2020 56.58%
March 31, 2020 61.27%
December 31, 2019 66.92%
September 30, 2019 48.40%
June 30, 2019 63.65%
March 31, 2019 65.26%
December 31, 2018 55.68%
Date Value
September 30, 2018 53.52%
June 30, 2018 37.49%
March 31, 2018 63.01%
December 31, 2017 59.23%
September 30, 2017 28.78%
June 30, 2017 43.14%
March 31, 2017 41.84%
December 31, 2016 34.13%
September 30, 2016 25.72%
June 30, 2016 31.50%
March 31, 2016 34.75%
December 31, 2015
September 30, 2015 22.17%
June 30, 2015 43.39%
March 31, 2015 20.62%
December 31, 2014 3.09%
September 30, 2014 27.10%
June 30, 2014 25.81%
March 31, 2014 27.28%
December 31, 2013 22.66%
September 30, 2013 28.48%
June 30, 2013 34.95%
March 31, 2013 18.86%

Gross Profit Margin Definition

Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.

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Gross Profit Margin (Quarterly) Range, Past 5 Years

45.17%
Minimum
Dec 2023
67.60%
Maximum
Mar 2023
57.42%
Average
56.34%
Median
Dec 2020